Precious metals are apparently waking up. And here is where you can find the best deals.
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India’s central bank expects banks’ bad-loan ratios to almost double this year and warned that soaring markets and a weakened economy threaten financial stability...
Jan 12, 2021 - 05:34:10 PST
Atlanta Fed President Raphael Bostic said that a rate hike could be back on the table in the later part of 2022 or 2023.
U.S. Banks Cast Wary Eye at Mortgage Borrowers As Forbearance Periods EndJan 12, 2021 - 05:31:58 PST
U.S. banks are struggling to understand how their residential mortgage portfolios will perform this year, because borrower-assistance programs during the pandemic have clouded who will be able to pay when forbearance periods and enhanced jobless benefits expire.
Already Spent Your $600 Stimulus Check? Another One May Soon Be on Its Way: MWJan 12, 2021 - 05:20:40 PST
'We need more direct relief flowing to families, small businesses, including finishing the job of getting people the $2,000 in relief direct payment,' President-elect Joe Biden said on Friday.
U.S. Treasury yields continued to climb on Tuesday morning, as traders eyed the possibility of further economic stimulus and the situation with U.S. politics.
V-Shaped Recovery Is in ‘Tatters,’ and Wall Street Doesn’t Seem to Care: Economist Stephen RoachJan 12, 2021 - 05:06:41 PST
Yale University senior fellow Stephen Roach, who served as Morgan Stanley Asia Chairman, sees signs the U.S. economy is relapsing into a recession.
The quick move higher in bond yields is sending a warning about the stock market — especially growth stocks.
You may have noticed that the financial media has started talking about inflation. But by and large, it's not a warning. It's reassurance. Many analysts are dismissive of any concerns raised about inflationary pressure. They often claim the bond market isn't signaling inflation. But as Peter Schiff points out in a clip from a recent podcast, the bond market is rigged.
The latest news and updates on the coronavirus outbreak from CNBC’s global teams in Asia, Europe and the U.S.
Last month we reported that the surge in solar energy use could power a strong demand for silver. Now analysts say demand from another sector could also benefit the white metal.A report by the Silver Institute projects that the automotive industry will absorb nearly 90 million ounces of silver annually by 2025. That would rival demand for silver in the photovoltaic industry and potentially make it the largest industrial application for silver.
Six central banks added gold to their reserves in November. Purchases totaled 16.8 tons, consistent with the level of purchases in both August and September.On net, central banks were sellers globally in November, thanks to a large decrease in reserves by the Turkish central bank, according to the latest data reported by the World Gold Council.Gold-buying by central banks has slowed from the record pace we saw in 2018 and 2019, but many countries continue to load up on the yellow metal.
With the continued disintegration of the economic and financial system in 2021, investment demand for physical precious metals continues to be strong. After the U.S. Mint posted a stunning 2.7 million Silver Eagles sold during the first week in January, they just posted another update, which already blew...
The U.S. plans to shut down several nuclear and coal-fired plants while adding new solar and wind power capacity in 2021. Thus, the United States is shutting down more of its baseload electric generation and adding a great deal of intermittent wind and solar power. While this may not pose too much...
Gold prices settle modestly higher Monday, as investors opportunistically buy gold after a withering downturn Friday. The solid gain for bullion comes...
Jan 11, 2021 - 12:59:11 PST
Want to invest in gold? Don't wait for a stock market crash.
Jay introduces the guest for the show, gives updates on the sponsors, and Michael Oliver provides his latest momentum indicators for key markets.
Although 2020 ended with a flurry of announcements reporting promising results in COVID-19 vaccine trials, there is little reason to expect a robust economic recovery anytime soon. Defeating the virus remains a monumental task, and the wounds inflicted by the pandemic will not heal easily.
At the start of 2021, everyone is worried about consumer price inflation. But could that be about to reverse?
Treasuries extended last week’s selloff driven by fiscal stimulus optimism, keeping the benchmark 10-year note’s yield above the long-elusive 1% level for the fourth straight day. Long-term yields in the world’s biggest debt market are settling into a new, higher range...
Treasuries traders are piling into one of the market’s favorite reflation wagers, driving the yield curve to the steepest in four years, in a move that still appears to have momentum with a wave of long-term auctions straight ahead.